Tag Archives: two Rutgers studies
Offshore wind farms expected to reduce clam fishery revenue
An important East Coast shellfish industry is projected to suffer revenue losses as offshore wind energy develops along the U.S. Northeast and Mid-Atlantic coasts, according to two Rutgers studies. The studies examined how offshore wind farms planned for the eastern United States could disrupt fishing of the Atlantic surfclam, a major economic driver from Virginia to Massachusetts that generates more than $30 million in direct annual revenue. Total fleet revenue declines measured by the studies ranged from 3 percent to 15 percent, depending on the scale of offshore wind development and response of the fishing fleet. In New Jersey, losses could be as high as 25 percent for fishing vessels based in Atlantic City. >click to read< 15:36
